Individual loans provided to individuals by products / Terms and Tariffs /
- Housing mortgage loans
- Housing mortgages with floating interest rate
- Housing mortgages (without income analysis)
- Commercial mortgage loans
- Mortgage loans within the framework of the program on National Mortgage Company
- Mortgage loan (within the framework of the program of National Mortgage Company RCO CJSC Housing Mortgage Financing, 4th Phase)
- Renovation loans / within the framework of the programs of the National Mortgage Company, Jerm Ojakh (“Warm House”)
- Mortgage loans, Affordable Housing for Young Families
- Car purchase loan
- Property secured personal installment loan (with creditworthiness assessment)
- Property secured personal installment loan (without income)
- Personal loan with guarantee
- Student consumer loans (program)
- Loans with gold pledge (Lombard loan)
- Gold mortgage (pawnshop) loans with credit rating
- SingleTOUCH
- Overdrafts with payment cards (credit cards)
- Overdrafts with payment cards (credit cards) for Bank’s customers
- Credit limit provided by Visa Infinite payment cards
- Combined credit line terms in the framework of payroll projects
- Credit limit secured by deposit
- Loans in the framework of Renewable Energy and Energy Saving programs
Combined credit line terms in the framework of payroll projects
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Who can apply |
Individual residents of RA between the age of 21-60 who in scope of cooperation agreement are receiving salary via Bank card (at least 1 month). |
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Limit |
In accordance with cooperation agreement |
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Limit type |
Revolving with monthly minimum payment requirement |
Loan with repayment schedule |
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Limit provision process |
The credit limit is granted via Bank’s payment cards |
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Currency |
AMD |
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Nominal interest rate |
In accordance with cooperation agreement |
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Grace period |
In accordance with cooperation agreement |
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Repayment period |
In accordance with cooperation agreement |
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Minimum monthly payment requirement |
In accordance with cooperation agreement |
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Statement day |
1 of each month |
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Payment period starting from the statement date |
15 days (16th of each month is considered to be the due date) |
According to the schedule |
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Penalties |
Monthly minimal payment overdue penalty - 0,015 % daily, Principal payment overdue penalty - 0.015% daily |
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Creditworthiness assessment (credit approval criteria) |
Important criteria for credit provision are: 1. To be a three-month employee of the organization 2. Absence of loans with substandard or stricter classification for the last 12 months, absence of overdue or classified loans during the application submission (including guarantees) and total number of overdue days should not exceed 30 days for the previous 12 months. 3. A required condition for loan provision is the absence of classified loans for the previous 24 months (in case of credit history availability) 4. The credit amount cannot exceed 8 multiplier of the net salary, and no more than AMD 5 mln |
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Deadlines for approving or rejecting loan provision |
The decision to approve or reject the loan is made within 1 (one) working day. |
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